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Europe amino acid market is fragmented & competitive and major players include
Industry players are rapidly investing in new product development, developing indigenous technology and opting new channels to marke their products in an attempt to stay competitive in post COVID economy and strengthen brand equity.
In February 2019, ADM completed acquisition of Neovia which offered completed feeds, aquaculture, pet care, premix/firm services, and additives ET ingredients for approximately USD 1.76 billion. Through this acquisition ADM increased their research portfolio, provided solutions for both production and companion animals.